Four Birmingham startups will have a chance to earn a share of $100,000 from a competition that promotes innovative ventures.

The Economic Development Partnership of Alabama recently announced that Carbon NanoTubes Engineered Surfaces, Fusion Score, MagnnPro and Sensibalance, will be among 13 startup businesses to take part in this year's Alabama Launchpad Start-Up Competition.

The other businesses in the competition come from other Alabama cities, including Huntsville, Mobile and Tuscaloosa.

The competition runs through May, but includes a March 4 event during which the teams will submit pitched presentation to judges, according to an EDPA news release. Startups with favorable assessments will be allowed to advance to the final round.

The news release said the a final pitch event will be held on May 3, the same day winners will be announced.